4, CHEQUERS LANE, GRESSENHALL, DEREHAM, NR20 4EU - £530,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 CHEQUERS LANE is a very large detached house of 215m², built sometime between 1991 and 1995, which could now be worth an estimated £611,352. It was last sold for £530,000 in June 2021, which was around 64% above the average June 2021 detached price in the Breckland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

4 CHEQUERS LANE Sold Prices

Land registry data shows two sales for 4 CHEQUERS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 4 CHEQUERS LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 30 JUN	£530,000	£323,138	64% above HPI
2001 29 JUN	£180,000	£113,543	59% above HPI

4 CHEQUERS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 4 CHEQUERS LANE sales from June 2001 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2001 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the June 2021 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 4 CHEQUERS LANE be worth now?

4 CHEQUERS LANE might now be worth an estimated £611,352.

This is based on house price inflation of 15.3%, between June 2021 and March 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.3% inflationary increase is applied to the most recent sale price for 4 CHEQUERS LANE of £530,000 on 30th June 2021. For the value to have increased from £530,000 to £611,352 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 4 CHEQUERS LANE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2021 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHEQUERS LANE has not materially changed since June 2021.

How Large is 4 CHEQUERS LANE?

4 CHEQUERS LANE is 215m² according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses houses in Gressenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gressenhall, and where 4 CHEQUERS LANE lies on this distribution: 94% of detached houses houses are smaller than 4 CHEQUERS LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Gressenhall.

4 CHEQUERS LANE: Plot and Title Map

4 CHEQUERS LANE sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 4 CHEQUERS LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 CHEQUERS LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 CHEQUERS LANE?

4 CHEQUERS LANE is located in GRESSENHALL, in the NR20 postcode district. The below map shows the position of No. 4 on CHEQUERS LANE.